Finance

Katrin Bacic is the new CEO of ambitious European startup UNIO. The company announced the appointment, March 1. UNIO’s goal is to build a commercial satellite constellation for high-speed, high-performance […]

SES saw an increase in its overall revenues in 2022 but a sharp fall in its net profits. These were two of the highlights of its full year results for […]

Astroscale raised $76 million in its Series G round, with funding from new investors Mitsubishi Electric, Yusaku Maezawa, Mitsubishi UFJ Bank, Mitsubishi Corporation, Development Bank of Japan, and FEL Corporation.  […]

Hughes Network Systems grew revenue by $10 million 2022 compared to 2021, despite a 16% drop in subscribers as the satellite operator faces competition from SpaceX’s Starlink business. Parent company EchoStar […]

LeoLabs executive Matthew Shouppe joined spaceflight safety company Kayhan Space as chief commercial officer, the company announced Thursday.  Shouppe has more than 13 years of industry experience in sales and […]

Momentus settled a class action lawsuit against certain of its current and former directors and former officers, the company announced Thursday.  Momentus and the lead plaintiff reached an agreement in […]

Commercial space station company Vast is acquiring Launcher for its space tug and hosted payload products. Vast announced the acquisition on Tuesday, terms of the deal were not disclosed.  Vast […]

Revenue at Eutelsat Communications dipped 6% in the first half of fiscal year 2022-23, the operator reported Feb. 17, due to a decline in broadcast revenue. Eutelsat reported total revenues […]

Thaicom saw a fall in its net profits and overall revenues in 2022. The company reported its financial results the week of Feb. 15. In 2022, the company had a […]

Iridium Communications reported another year of record revenue in 2022, growing revenue 17% compared to 2021. The company reported full year 2022 revenue of $721 million in its financial results […]

Intuitive Machines began trading on the Nasdaq on Tuesday after using a special purpose acquisition company merger (SPAC) to go public. Intuitive Machines is a space infrastructure company to supply […]

Mangata Networks is establishing Singapore as the location for its Maritime Global Headquarters (MGHQ). The company announced the move, Feb. 15. It has gained support from the Office for Space […]

Aerospace and defense engineering firm Boecore has acquired space software company Orbit Logic. Boecore said this acquisition will strengthen its software development and specialized mission operations capabilities and bring new […]

HAPS company Avealto recently launched a trademark dispute against Airbus for renaming its HAPS venture Aalto HAPS Ltd, which it argues is too similar to its own name.  The two […]

MDA has won a new contract with one of Latin America’s biggest satellite operators. It will design, build and supply all of the Ka-band multibeam antennas for the ARSAT-SG1 satellite, […]

Viasat’s long-awaited Viasat-3 satellite is set to launch the week of April 8, the operator announced Tuesday. The satellite has completed construction and testing after what Visat described as a […]

Viavi Solutions is bringing a new solution to market which it says will deliver critical security for Positional, Navigation and Timing (PNT) to communications service providers, network equipment manufacturers, government […]

Seraphim Space’s latest quarterly Space Index report, released Monday, said that 2022 could be considered the best year for seed stage investments in space startups. Seed financing deals were up […]

Intelsat has appointed Gaurav Kharod as the new regional vice president for its Asia Pacific (APAC) region. He will take over from Terry Bleakley, who previously led the APAC team. […]

Amazon’s Kuiper satellite constellation is part of a company strategy to invest in the long-term future of Amazon, CEO Andy Jassy outlined on Thursday in his first investor call as […]

Tiphaine Louradour is taking the helm at rideshare provider Spaceflight as the company’s new CEO. Spaceflight announced the news on Thursday, after Louradour announced her departure from ILS International Launch […]

Orbital Sidekick announced a $10 million investment on Tuesday to support growing its hyperspectral satellite constellation and commercializing its asset monitoring solution for the energy sector.  Existing investor Energy Innovation […]

Satellite imagery provider and technology company Capella Space on Tuesday said it has stood up a new subsidiary, Capella Federal, to better serve the federal government, in particular the classified space as […]

Ball Aerospace has appointed Aidan Fitzgerald as its new vice president of Finance, starting later this week. The company made the announcement, Jan. 27. Fitzgerald will lead all financial-related and […]

L3Harris reported its full-year 2022 financial results on Jan. 26, reporting full year revenue of $17.1 billion, down 4% and 1% on an organic basis compared to 2021.  Space & […]

LeoStella has appointed Tim Kienberger as CEO, to lead the smallsat manufacturer succeedingCEO Mike Hettich. LeoStella, based in Washington State, is a 50-50 joint venture between Thales Alenia Space and […]

The Boeing Company’s full year 2022 revenues in its Defense, Space & Security segment fell, while overall yearly revenues increased for the company as a whole, according to the company’s […]

Northrop Grumman continues its streak of growth for the Space Systems segment, postings its third year in a row of double-digit growth for the segment.  The company posted its full […]

Rationalization. It’s the word that venture capitalists and analysts use when describing space investment in 2022. After a string of record-setting years that saw space invest rocket to new heights, […]

Astroscale has appointed Andrew Faiola as its new commercial director for its U.K. and European subsidiary Astroscale Ltd, the company announced Jan. 24. He starts the role immediately. Headquartered in […]